FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 20/25

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PEOPLE ON THE MOVE

+ Barry Ashton to Executive Advisor @ ajmDeloitte

+ Bill McFarland tp CEO & Sr. Partner @ PwC Canada

+ Catherine Brownlee to Dir. Community Relations @ Coril Holdings Ltd.

+ Christine Lagarde to Managing Director @ International Monetary Fund

+ Dean O’Connor to CEO @ Sun Life Financial Inc., replacing Donald Stewart who is retiring

+ Doug Ashton to Associate Partner @ ajmDeloitte

+ Dr. David Atkinson to Pres. @ Grant MacEwan University

+ E.A. James to Interim CFO @ Detector Exploration Ltd.

+ Gary Simonsent to CEO @ The Canadian Real Estate Association

+ Gloria Rothery to VP, Chairman’s office @ Coril Holdings Ltd.

+ Greg Marr, CFO @ Detector Exploration Ltd., resigned

+ Maarika Paul to Sr. VP & CFO @ The Caisse de dépôt et placement du Québec

+ Marcel Larochelle to CEO @ UBS Bankd (Canada)

+ Maureen Kewley to Coril Holdings Ltd.

+ Patrick Lindsay to Partner @ Borden Ladner Gervais LLP

+ Rob Morgan to Sr. VP & COO @ Crew Energy Inc.

+ Robin Bertram to Associate Partner @ ajmDeloitte

+ Robin Mann to Partner @ ajmDeloitte

+ Sathai Durai to VP of IT @ Coril Holdings Ltd.

+ Tim Gitzel to Pres. @ CEO @ Cameco Corporation

 

[send us your firm’s appointment notices to:  research@maxcomm.ca ]




 SAVE THE DATE / upcoming events:

+ July 8 – 17; Calgary Stampede, Stampede Park, Calgary - info/tickets

+ July 21; MaxWell Masters Charity Golf Tournament, Lakeside Golf Club, Chestermere; info/register

+ Aug. 31; Mortgage Loans Association of Alberta 2011 Golf Classic, Inglewood, Calgary - info/register: greg.stephanson@td.com

+ Sept. 14; Canadian Apartment Investment Conference, Toronto Convention Centre, info/register
+ Oct. 26; Calgary Real Estate Forum, Telus Convention Centre, Chaired by Randy Fennessey; info/registration
+ Oct. 27; Calgary Leasing Conference, Telus Convention Centre, Chaired by Greg Guatto; info/registration





INFRASTRUCTURE/P3/GREEN/LEED

+ the new $340 million Royal Alberta Museum planned for Edmonton is moving along; an RFP has been issued to 4 short-listed design/construction groups: EllisDon, Graham, Ledcor and PCL

 

+ Calgary Stampede expanded its footprint, paying $26 million for 8.5 hectares (a failed redevelopment project) in Ramsay

 

+ at Canada Olympic Park, they opened a $30 million, 44,000 sq. ft. Canadian Sports Hall of Fame




GOLF JOKE

A man is stranded on a desert island, all alone for ten years. One day, he sees a speck in the horizon. He thinks to himself, "It's not a ship." The speck gets a little closer and he thinks, "It's not a boat." The speck gets even closer and he thinks, "It's not a raft." Then, out of the surf comes this gorgeous blonde woman, wearing a wet suit and scuba gear. She comes up to the guy and says, "How long has it been since you've had a cigarette?" "Ten years!", he says. She reaches over and unzips a waterproof pocket on her left sleeve and pulls out a pack of fresh cigarettes.  He takes one, lights it, takes a long drag, and says, "Man, oh man! Is that good!"  Then she asked, "How long has it been since you've had a drink of whiskey?" He replies, "Ten years!" She reaches over, unzips her waterproof pocket on her right sleeve, pulls out a flask and gives it to him. He takes a long swig and says, "Wow, that's fantastic!" Then she starts unzipping a longer zipper that runs down the front of her wet suit and she says to him, "And how long has it been since you've had some real fun?"  And the man replies, "Wow! Don't tell me that you've got golf clubs in there!"




Mark Kolke, Editor/Publisher
 FRESH ITEMS TODAY - July 5/2011

+ Calgary Parking Authority is looking to create more on-street parking in an effort to boost a $5 million revenue shortfall

+ Crew Energy Inc. closed its acquisition of Caltex Energy Inc.

+ energy prices live link to Bloomberg.com commodities data ; market volumes down yesterday due to U.S. Independence Day holiday

+ European Union wary of bond rating downgrades in reaction to Greek bail-out

+ McCoy Corporation sold its subsidiary Rebel Metal Fabricators Ltd.

+ Montana State officials are reviewing pipeline safety policy in light of ExxonMobil pipeline’s 1,000 barrel spill into Yellowstone River




 NEWS REVIEW  June 29 - July 3

+ Alberta Government released 2010-11 annual report & Heritage Fund update; deficit $3.4 billion, Sustainability Fund at $11.2 billion. Revenue was $34.9 billion, expenses $38.3 billion

+ Atomic Energy Of Canada Ltd. sold to SNC-Lavalin Group for $ 15 million

+ CNRL got ERCB approval for its Minnie Lake crude bitumen project

+ Enbridge Inc. got NEB approval of the 10 yr. Competitive Toll Settlement on its crude oil mainline system

+ Enerplus Corporation closed its US$580 million sale of Marcellus shale assets

+ Homburg Invest Inc. sold $39.7 million in Calgary properties to Homburg Canada REIT

+ TMX Group Inc. dropped its merger proposal to combine with the London Stock Exchange Group plc

+ weekly economic update from ATB Financial




 SAVE THE DATE / SHAREHOLDER MEETINGS

+ July 7; Western Financial Group Inc., Special meeting Of Shareholders to Approve Amalgamation with Desjardins Financial Corporation Inc.

+ Sept. 9; Homburg Invest Inc., Halifax, Annual General Meeting




FINANCINGS - proposed & closed

+ First Capital Realty Inc. closed $250 million senior unsecured revolving credit facility

+ Husky Energy Inc. closed $1.0 billion public common share offering and $200 million private placement

+ Intact Financial Corporation closed $100 million unsecured long term notes issue

+ Laricina Energy Ltd. raised $380 million in a private placement equity issue




 
 


 QUOTES

“People don't notice whether it's winter or summer when they're happy.”  - Anton Chekhov

 

“A perfect summer day is when the sun is shining, the breeze is blowing, the birds are singing, and the lawn mower is broken.” - James Dent


FACILITYCalgary is published from Calgary every Tuesday morning




MaxComm Group

e-mail: Mark Kolke


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FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher

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 sponsors of this issue:

INTERIOR DESIGN

http://martens-group.com
e-mail to Sharon Martens



INSURANCE AND BONDING

http://bdinsurance.com
e-mail to Dick Vaive




RESIDENTIAL MORTGAGE BROKER

TRUE NORTH MORTGAGE
e-mail to Dan Eisner



ENERGY ADVISORY

http://www.commoditycycle.com
e-mail to Duncan Robertson


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this site last updated May 20, 2025